Munib Hussain

Partner

Contact
F +44 20.7615.3100

London

100 Liverpool Street

London, UK EC2M 2AT

T +44 20.7615.3013

F +44 20.7615.3100

Munib Hussain is a partner in the London office of Milbank LLP and a member of the Global Project, Energy and Infrastructure Finance Group. Munib also leads the firm’s Middle East practice and Islamic finance Business Unit.

Primary Focus & Experience

His experience includes advising:

Oil, Gas, LNG and Petrochemical/Refinery

  • The ECAs, the commercial banks, the Islamic financial institutions and the joint lead managers on the initial financing and subsequent restructuring of the US$20 billion Sadara Integrated Chemicals Project in Saudi Arabia;
  • UKEF, SACE and CESCE in connection with the $18 billion Project Marigold Refinery and Petrochemicals Project in Malaysia. 
  • JBIC, PIF and the lenders on Phase II of Sumitomo Corporation’s US$5.2 billion expansion project for the PetroRabigh Refining and Petrochemicals Project in Saudi Arabia.
  • UK Export Finance, BPIFrance, Euler Hermes, K-Sure, SACE, ÖeKB, SERV, Credendo and the banks in connection with financings aggregating US$10 billion in relation to Reliance Industries Limited’s four refinery / petrochemical projects at Jamnagar, Hazira, Silvassa and Dahej in India

Mining

  • The multilaterals, ECAs, DFIs and commercial banks in connection with the project financing of the US$8 billion Reko Diq Mine in Pakistan, sponsored by Barrick, OGDCL, PPL, GHPL, and the Government of Balochistan (ongoing)
  • The ECAs, DFIs and commercial banks in connection with the US$4.4 billion financing for the Oyu Tolgoi Copper and Gold Mining Project in Mongolia, and most recently the debt reprofiling of this Project.
  • The ECAs and DFIs on the US$269 million financing for the Moma Titanium Project. 

Digital Infrastructure

  • HSBC and a group of lenders in connection with the USD1,350m and EUR745m EKN-backed ECA financing of the development of a pan-Indian 5G telecommunications network by Reliance Jio Infocomm.
  • Tata Semiconductor Manufacturing Private Limited on an equity bridge loan used to finance the development of a semiconductor fabrication facility in Dholera, Gujarat.
  • The financial institutions on the financing of Trans Pacific Networks, which is part of the Echo undersea telecommunication network connecting the United States to Indonesia and Singapore. 

Private Credit and Structured JVs

  • The lenders and bondholders to the $25 billion acquisition financing, bridge financing and refinancing related to EIG and Mubadala’s acquisition of a minority interest in the crude oil pipelines owned by Saudi Aramco in Saudi Arabia.
  • The lenders and bondholders to the acquisition financing, bridge financing and refinancing related to BlackRock’s acquisition of a minority interest in the gas pipelines owned by Saudi Aramco in Saudi Arabia.  
  • The lenders in connection with the acquisition of 11 LNG infrastructure vessels by a joint venture between funds managed by Apollo Global Management and New Fortress Energy Inc.
  • The holdco lenders in connection with the Holdco financing for a renewable energy operator with projects, including BESS, across Europe and North America.
  • Apollo Global Management in connection with a bid for the acquisition of minority ownership interest in Saudi Aramco’s crude oil pipelines.
  • The lenders in connection with the acquisition financing for the San Siro Stadium, Milan.

Solar, Power, Renewables

  • KEXIM and the commercial banks on the financing of Barakah nuclear energy project, composed of four nuclear energy units producing a combined output of approximately 5,600 MW. (awarded “MENA Public Sector Financing Deal of the Year” by IJGlobal).
  • JBIC and the commercial lenders in connection with the Shuweihat 2 project. 
  • Qatar Solar Technologies in connection with the development and financing of a Solar/Polysilicon Project at Ras Laffan, Qatar.
  • The lenders on a bid for the Sweihan Solar PV IPP in Abu Dhabi. 

Islamic Finance 

  • The managers on the $1.5bn First-of-a-Kind Project Sukuk Issuance by TMS Issuer S.à r.l issued by GreenSaif Pipelines BidCo S.à r.l.
  • The joint lead managers of the US$2 billion project sukuk on the Sadara Integrated Chemicals Project in Saudi Arabia.

Recognition & Accomplishments

Munib has been ranked by Law360 as a “Rising Star”. He is also ranked as leading attorney for Projects and Islamic Finance in Chambers, recognized as having 'a phenomenal work rate and an eye for detail that reassures you as a client' in Legal 500 – Emerging Markets, recognized in Legal 500 - Projects, Energy & Natural Resources: Power as “a key name to note”, ranked as a “Next Generation Partner” for Oil and Gas and Islamic Finance in the Legal 500 UK 2026 guide, recommended for Power and Emerging Markets in the Legal 500 UK 2025 guide, Rising Star Partner by IFLR1000 and an expert for Capital Markets - Islamic Finance “Who's Who Legal”.

Munib authored a chapter on Sources of Funding and a chapter on Islamic project finance in “International Project Finance - Law and Practice” published by Oxford University Press.

Additional Details
Education
  • Nottingham Law School, B.V.C.
  • University of Leicester, LL.B.
Admissions
  • England and Wales